The market of Cryptocurrency is rising day by day. Though this not so old concept still has a long way to go. Though the past 2020 year has been a mixture of good and bad for Bitcoin users, the ending of 2020 has given a surprise to Crypto lovers. With the rise of Bitcoin’s price value, more people are investing in the Crypto market.
Do you want to pay for your dinner with Bitcoins? Do you want to pay your yoga fees with Bitcoins? Then here are some places that accept payments with Bitcoins in different cities and countries. But first, let’s check out some key facts about Cryptocurrencies.
It was 2009 when the first Bitcoin was mined. And today, thousands of merchants across the globe accept payments with Bitcoins.
Globally there are thousands of ATMs. One can Buy Bitcoins from there also.
Measuring Bitcoin Adoption
In order to measure Bitcoin adoption in any place, there are some metrics that need to be considered. These metrics are:
How many merchants are accepting Bitcoin in one city?
How many Bitcoin ATMs are there?
How many people are using Bitcoins for making the payments?
There are also some techniques in order to evaluate these factors. There are several online tools that give us information about all these metrics around the whole world. Based on those pieces of data, we have prepared this list. To know more details, you can Read more here.
5 Crypto havens Around The World
Here are the top 5 places to adopt Cryptocurrency. Here along with the place name, we have also provided some information about the Crypto market of the places.
The Technology Capital of the United States has to be on the list of Crypto havens. Two of the well-known Crypto trading platforms, Karen and Coinbase, are homed in San Francisco. This place has more than 20 merchants who accept payments with Bitcoins. This includes two bars, one bakery, and nine restaurants. You will also find a total of 19 ATMs from where you can buy Bitcoins. Though this place has a population of 880,000 only, it has adopted Bitcoin in a broader way.
It is the capital and also the largest city of Slovenia, Ljubljana. But this city has the smallest population on our list with only 289,000 people. Slovenians had founded Bitstamp. After some time, this company also set up operations in London and Luxembourg. Roughly around 200 merchants agree to Bitcoins in Ljubljana. This city also has 4 Bitcoin ATMs.
This capital city is the home to Bitfury, the mining hardware making company. Bitpay, the payment service provider’s European headquarters, is also in this place. Along with an antique ring shop, a barber, and a bike rental, there are a total of more than 30 merchants who deal with Bitcoins. For 840,000 people, this place has more than a dozen Bitcoin ATMs. The merchants of Rotterdam, Hague, and Utrecht also accept payments with Bitcoins.
The Financial and tech hub of the United States also welcomes Bitcoin used with broad hands. The 8.4 million people of this city can buy Bitcoins from 14 ATMs. Around three dozens of merchants accept Bitcoin payments in five boroughs. The Bitcoin exchange Gemini is a New York-based company that was founded by Tyler Winklevoss and twins Cameron.
8.9 million residents are there in London and 130 Bitcoin ATMs for them. About 50 merchants accept payments with Bitcoins. This place is the home for startups. Coinfloor is one of them. London also has dozens of Cryptocurrency and Bitcoin Meetup groups.
Apart from the earlier mentioned five places, here are some more places that are also considered Crypto havens.
The rate of Bitcoin adoptions is awe-inspiring; it has already been 12 years since the first Bitcoin was mined. The internal financial centers are also opening their gates for Bitcoin. The smaller towns are again entering the list.